Yuan revaluation won't help US, predicts Marc Faber

Dr Doom believes a strengthening Yuan will simply import inflation to an increasingly sick US economy.
May 19, 2005

Huge debt levels in the US means a revaluation (strengthening) of the Yuan is unlikely to help America says Marc Faber, the famously bearish author of the famous Gloom, Doom and Boom Report. He was speaking on the last day of the Beijing CLSA China forum.

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